G R Infraprojects Ltd. · NSE:GRINFRA
G R Infraprojects — Q1 FY23 Earnings Presentation
24 slides from G R Infraprojects's earnings presentation, Aug 10, 2022
Slide 1: Covering letter to stock exchanges for Q1 FY23 investor presentation
G R INFRAPROJECTS LIMITED (Formerly known as G.R. Agarwal Builders and Developers Limited) CIN : L45201 GJ1 995PLC098652 10th August 2022 To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C-1 Dalal Street, Fort G Block, Bandra-Kurla Complex,
Slide 2: Getting People Places, Faster - Investor Presentation Q1 FY 23
G R Infraprojects Limited Getting People Places, Faster Investor Presentation Getting People Places, Faster Q1 FY 23 10th August 2022
Slide 3: Context
Context 1 Disclaimer Page 3 2 Highlights: Q1 FY 23 Page 4 3 What we do and key milestones Page 13 Overview- Historical Data (Financial Page 18 4 & Operational) Imphal - Moreh Project
Slide 4: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by G R Infraprojects Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secu
Slide 5: Highlights: Q1 FY 23
Highlights: Q1 FY 23 Sidhi Ganeshpur - Sansarpur Project
Slide 6: QoQ Highlights YoY Highlights
Q1 FY 23 EBITDA Margin* (%) & EBITDA Total Income (Rs in Mn) (Rs in Mn) PAT Margin* (%) & PAT 18.95% 20.66% (Rs in Mn) QoQ Highlights 11.52% 12.80% 9.02% 18.85% 5,183 23,012 25,087 21.08% 4,361 3,211 2,652 Q4 2022 Q1 2023 Q4 2022 Q1 2023 Q4 2022 Q1 2023 EBITDA Total Income PAT EBITDA Margin* (%) & E
Slide 7: Working Capital Days and Debt to Equity Ratio
Q1 FY 23 Net Working Capital Days Debt to Equity Ratio & Net Debt to Equity Ratio (including Mob. Advances) 72 Days 77 Days 1.19 1.24 1.13 1.11 46 46 1.13 1.05 0.98 1.06 0.96 38 0.91 35 0.89 0.91 32 32 28 26 0.45 0.45 0.34 0.31 0.27 0.28 0.30 0.29 0.22 0.23 0.21 0.17 Mar-21 Jun-21 Sep-21 Dec-21 Mar-
Slide 8: Standalone Profit and Loss Statement (Rs in Millions)
Standalone Profit and Loss Statement (Rs in Millions) A B C D Particulars Q1 Q4 Q1 FYE FY 22-23 FY 21-22 FY 21-22 2021-22 Income Revenue from operations 24,767 22,681 21,332 79,192 Other income 320 331 302 1,324 Total income 25,087 23,012 21,634 80,516 Expenses Cost of materials consumed 873 1,085 5
Slide 9: Consolidated Profit and Loss Statement (Rs in Millions)
Consolidated Profit and Loss Statement ( Rs in Millions) A B C D Particulars Q4 Q3 Q4 FYE FY 21-22 FY 21-22 FY 20-21 2021-22 Income Revenue from operations 26,922 23,961 22,645 84,584 Other income 138 182 100 666 Total income 27,060 24,144 22,744 85,250 Expenses Cost of materials consumed 873 1,085
Slide 10: Debt Breakup and Consolidated Debt
Debt Breakup (Fund Based) as on June 30, 2022 Particulars Rs. In Million STANDALONE DEBT Debentures 9080.23 20% Term Loan 893.24 Standalone Debt DEBENTURES Working Capital 575.42 4% TERM LOAN Mobilization Advance 2597.96 Total Debt 13,146.65 7% WORKING CAPITAL #Cash and Bank 2950.64 MOBILISATION ADV
Slide 11: Development during the Year – Execution of Concession/Share Purchase Agreements
Development during the Year – Execution of Concession/ Share Purchase Agreements S. No. Date of Execution SPV 1. May 10, 2022 GR Ujjain Badnawar Highway Private Limited 2. May 17, 2022 GR Govindpur Rajura Highway Private Limited 3. May 17, 2022 GR Bamni Highway Private Limited 4. May 30, 2022 Rajgar
Slide 12: Robust Order Book
Robust Order Book Order book as on June 30, 2022 is Rs 1,70,056.74 Million* Project Mix Client Wise Distribution State Wise Distribution 0% 2% 4% 2% 4% 3% 9% 12% 2% 7% 10% Andhra Pradesh Bihar 10% Chhatisgarh 7% Gujarat EPC NHAI 9% Madhya Pradesh HAM REC Maharashtra Punjab Railways OTHERS 20% Rajast
Slide 13: Portfolio of HAM / Transmission Projects
Portfolio of HAM / Transmission Projects Under Construction / Operational Appointed Date awaited Development (8) (8) (8) • Reengus-Sikar • Dwarka-Devariya • Amritsar Bathinda Corridor • Nagaur-Mukundgarh • Aligarh-Kanpur • Ludhiana-Rupnagar • Phagwara-Rupnagar • Ena-Kim • Bandikui-Jaipur Corridor •
Slide 14: What we do & Key Milestones
What we do & Key Milestones
Slide 15: GRIL – Our Business
GRIL – Our Business HIGHWAYS BRIDGES RAILWAYS & METRO TRANSMISSION METAL CRASH BARRIER EMULSION/PMB ROAD SIGNAGES AND MARKING PAINT
Slide 16: Key Milestones
Key Milestones • First HAM project awarded with Bid Project • Commencement of business • Name changed to “G R 1996- 2006- 2016- Cost of ₹ 13,670.0 Mn 2000 2010 Infraprojects Limited” 2019 • Take-over of business of M/s • Divestment of equity stake in - Jodhpur Gumani Ram Agarwal • Commissioned 30,00
Slide 17: Overview – GRIL Snapshot
Overview – GRIL Snapshot An Integrated EPC Company, with proven track record of timely project execution over last 25 years. Presence in 4 Manufacturing 16 States Units 8000+ plant & 18000+ employees equipment Dedicated Rating repair & AA (Stable) maintenance CRISIL & CARE workshop All figures are a
Slide 18: Committed to growth, with purpose
Committed to growth, with purpose FOCUSED MARKET Construction STRATEGIES Environment We understand the We show our care for nations need, design it the environment FOCUSED EPC EXPAND THE through perfection and PORTFOLIO GROWING through CSR initiatives PLAYER build it to dreams TOGETHER WITH OUR NATI
Slide 19: Overview- Historical Data (Financial & Operational)
Overview- Historical Data (Financial & Operational)
Slide 20: Overview- Historical Financial Data
Overview- Historical Financial Data Revenue From Operations (Rs in Mn) EBITDA* (%) / EBIDTA (Rs in Mn) 21.42% 21.81% 19.50% 19.82% 79,192 17.56% 20.00% CAGR: 72,445 26.34% CAGR: 22.57% 14,379 14,135 60,278 13,350 15.00% 49,502 10,748 10.00% 31,081 6,263 5.00% 0.00% FY 2018 FY 2019 FY 2020 FY 2021 FY
Slide 21: Overview- Historical Financial Data
Overview- Historical Financial Data Net Cash Flow (Used In)/ from operating Activities (Rs in PAT (Rs in Mn) / PAT Margin (%) Mn) 8,312 12.63% 11.87% 11.25% 10.59% 6,516 5,606 7,608 7,806 9.45% 6,888 5,957 4,199 3,992 (41) FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2018 FY 2019 FY 2020 FY 2021 FY 20
Slide 22: Overview- Historical Financial Data
Overview- Historical Financial Data Fixed Assets Turnover Ratio Net Debt/ Equity & Net Debt /EBITDA 6.54 6.27 0.88 0.82 6.26 6.35 0.83 5.73 0.70 0.42 0.42 0.36 0.33 0.23 0.20 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Net Debt/Equity Net Debt/EBITDA Fixed Assets
Slide 23: Overview- Historical Operational Data
Overview- Historical Operational Data Employee Count 17,721 16,333 12,956 11,149 7,321 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Employee Count
Slide 24: Thank You
G R Infraprojects Limited Getting People Places, Faster Investor Presentation Getting People Places, Faster Q1 FY 23 Thank You Anand Rathi, CFO Plot No.18, Novus Tower, Sector-18 Gurugram, Haryana-122015 0124-6435000